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Iran says Hormuz won’t reopen until US ‘corrects’ its behaviorIran issued new demands for the Strait of Hormuz reopening and the UAE reported an Iranian missile attack. Yemen's military launched attack...- Fire extinguished at Aramco facility in Jazan, Saudi Arabia saysFirefighters extinguished a blaze at Saudi Aramco's Jazan refinery on Sunday. The facility had previously been shut down following a Houthi...
- Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessionsIran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...
- Indian manufacturers turn to air freight as West Asia crisis disrupts sea shipmentsIndian manufacturers are airlifting components to ensure festive season production continuity. Sea freight delays and congestion are making...
- Taipei says China's traffic control order for Taiwan Strait during typhoon is 'ridiculous'Taiwan has called China's traffic control attempts in the Taiwan Strait ridiculous. Beijing claims the strait and has imposed measures due ...
- Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
- Britannia net jumps 14%, sales touch Rs 5,000 crore in Q1Britannia Industries saw net profit rise fourteen percent in the June quarter. Sales increased eight percent to five thousand crore rupees ...
- Proposed Hormuz passage deal not feasible for shipping industry, sources sayA proposed Iran-Oman deal for Strait of Hormuz control faces significant challenges. U.S. sanctions and restrictive insurance clauses imped...
- Shiprocket's Rs 7,056 crore IPO rewards early backers, dents returns for late-stage investorsShiprocket has announced an IPO price range set between Rs 92 and Rs 97 per share, representing a notable decrease of around thirty percent...
- UK targets Russian banks, shadow fleet ships in latest sanctions packageThe United Kingdom has imposed new sanctions targeting Russian banks and shadow fleet tankers. These measures aim to disrupt funding for Ru...
- Global Market: European shares hit record high as peace hopes, strong earnings lift sentimentEuropean stock markets extended record gains as optimism over a potential U.S.-Iran peace agreement eased energy supply concerns and strong...
- Shiprocket IPO price band fixed at Rs 92-97; Rs 1,618 crore issue to open on August 12Shiprocket is set to launch its Rs 1,617.59 crore IPO on August 12, 2026, with a price band of Rs 92 to Rs 97 per share. The issue closes o...
- Shiprocket trims IPO by 30% to Rs 1,617 crore; issue opens August 12Shiprocket now aims to raise Rs 885 crore through a fresh issue, down from the Rs 1,100 crore proposed earlier, while the offer-for-sale (O...
- GE Shipping shares rally 9% as Q1 net profit surges 160% YoY, revenue up 67%GE Shipping shares rallied sharply on Tuesday after the company reported a 160% year-on-year jump in Q1FY27 net profit and a 67% rise in re...
- GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vesselsGarden Reach Shipbuilders secured a significant Rs 1,032 crore contract from ONGC. This agreement involves the construction of four advance...
- Tanker carrying Russian cargo reroutes around Africa after Red Sea U-turnA Russian naphtha tanker changed course to sail around Africa. The Sea Icon vessel avoided the Bab-el-Mandeb strait due to recent attacks. ...
- Shiprocket to launch IPO in 1-2 weeks at a valuation of Rs 7,000 croreShiprocket is also expected to file a revised prospectus with updated financials before launching the issue. The company, after receiving a...
- In 1695, pirates captured Mughal emperor Aurangzeb's royal ship and vanished after looting tens of millions of dollars' worth of gold and silver. The first coin from the treasure was found 300 years later.Rare Arabian coins unearthed in America provide new evidence about a historic pirate heist. Captain Henry Every's crew stole vast treasure ...
- 'Safe transit service': Yemen's Houthis have no plans to impose fees on ships sailing through Red SeaYemen's Houthi-run maritime body denied plans to impose fees on ships. Passage through the Bab el-Mandeb strait remains free, they stated. ...
- FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance PoolIndia's Department of Financial Services launched a new sovereign-backed P&I insurance product. This product is designed by New India Assur...
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